MIRA INFORM REPORT

 

 

Report Date :

02.05.2014

 

IDENTIFICATION DETAILS

 

Name :

CARL ZEISS MICROSCOPY GMBH

 

 

Registered Office :

Carl-Zeiss-Promenade 10, D 07745 Jena

 

 

Country :

Germany

 

 

Financials (as on) :

30.09.2012 (Group)

 

 

Date of Incorporation :

July 2005

 

 

Com. Reg. No.:

HRB 210536

 

 

Legal Form :

Private Limited Company

 

 

Line of Business :

Manufacturer of optical instruments and photographic equipment

 

 

No of Employees :

1,400

 

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

 

 

Payment Behaviour :

Slow but Correct

 

 

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – March 31, 2014

 

Country Name

Previous Rating

(31.12.2013)

Current Rating

(31.03.2014)

Germany

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

 

B2

Moderate High Risk

 

C1

High Risk

C2

Very High Risk

 

D

 

germany ECONOMIC OVERVIEW

 

The German economy - the fifth largest economy in the world in PPP terms and Europe's largest - is a leading exporter of machinery, vehicles, chemicals, and household equipment and benefits from a highly skilled labor force. Like its Western European neighbors, Germany faces significant demographic challenges to sustained long-term growth. Low fertility rates and declining net immigration are increasing pressure on the country's social welfare system and necessitate structural reforms. Reforms launched by the government of Chancellor Gerhard SCHROEDER (1998-2005), deemed necessary to address chronically high unemployment and low average growth, has contributed to strong growth and falling unemployment. These advances, as well as a government subsidized, reduced working hour scheme, help explain the relatively modest increase in unemployment during the 2008-09 recession - the deepest since World War II - and its decrease to 5.3% in 2013. The new German government introduced a minimum wage of $11 per hour to take effect in 2015. Stimulus and stabilization efforts initiated in 2008 and 2009 and tax cuts introduced in Chancellor Angela MERKEL's second term increased Germany's total budget deficit - including federal, state, and municipal - to 4.1% in 2010, but slower spending and higher tax revenues reduced the deficit to 0.8% in 2011 and in 2012 Germany reached a budget surplus of 0.1%. A constitutional amendment approved in 2009 limits the federal government to structural deficits of no more than 0.35% of GDP per annum as of 2016 though the target was already reached in 2012. Following the March 2011 Fukushima nuclear disaster, Chancellor Angela MERKEL announced in May 2011 that eight of the country's 17 nuclear reactors would be shut down immediately and the remaining plants would close by 2022. Germany hopes to replace nuclear power with renewable energy. Before the shutdown of the eight reactors, Germany relied on nuclear power for 23% of its electricity generating capacity and 46% of its base-load electricity production.

 

Source : CIA

 

Company name & address

 

Carl Zeiss Microscopy GmbH

 

Carl-Zeiss-Promenade 10

D 07745 Jena

Telephone:        03641/643161

Telefax:            03641/643439

Homepage:       www.zeiss.com/microscopy

E-mail:              microscopy@zeiss.com

 

 

Company Status

 

active

 

 

VAT no

 

DE814503774

 

 

CONCLUSION

 

Business relations are permissible.

 

 

SYNTHESIS

 

LEGAL FORM               Private Limited Company

Date of foundation:       07.2005

Shareholders'

agreement:                    26.07.2005

Registered on:              08.09.2005

Commercial Register:    Local court 07745 Jena

under:                                       HRB 210536

Share capital:                 EUR            400,000.00

 

 

Shareholder

 

Carl Zeiss AG

Carl-Zeiss-Str. 22

D 73447 Oberkochen

Legal form: Public limited company

Share capital:     EUR        120,000,000.00

Share:             EUR            400,000.00

Registered on: 22.03.2004

Reg. data: 89073 Ulm, HRB 501555

Control and profit transfer agreement

 

Manager

 

Wilhelm Nörthemann

Am Mühlenberg 9

D 37115 Duderstadt

born: 22.03.1955

 

Manager:

                      Dr. Ulrich Simon

                      Botzstr. 9

                      D 07743 Jena

                      born: 15.10.1963

 Manager:

                      Dr. Frank Stietz

                      Isaak-Heß-Weg 4/1

                      D 73466 Lauchheim

                      born: 20.05.1966

 

President of the Supervisory Board

 

Dr. Michael Kaschke

Wiesenweg 20

D 73447 Oberkochen

born: 18.06.1957

Profession: Physicist

 

Member of the Supervisory Board

 

Peter Popp

Rosenweg 33

D 07751 Jena

born: 10.05.1955 in Bad Liebenstein

Profession: Fully qualified Economist

Marital status: married

 

Member of the Supervisory Board:

Dr. Ludwig Monz

Pfarrer-Brantzen-Str. 48

D 55122 Mainz

born: 20.10.1963

 

Member of the Supervisory Board:

Thomas Polzer

D 36318 Schwalmtal

born: 07.08.1965

 

Member of the Supervisory Board:

Heike Bräunel

D 07768 Kahla

born: 12.12.1963

 

Member of the Supervisory Board:

Axel Freerk

D 37073 Göttingen

born: 24.08.1963

 

 

Proxy

 

Peter Messner

Gräfstr. 97

D 81241 München

authorized to jointly represent the company

born: 19.07.1965

born: oder 05.09.1955

 

 

COMPANY HISTORY

 

 26.07.2005 - 26.04.2012            Carl Zeiss MicroImaging GmbH

                          Carl-Zeiss-Promenade 10

                          D 07745 Jena

                          Private limited company

 

 

RESIGNED ACTING PERSONS AND SHAREHOLDERS

 

 30.10.2009 - 08.04.2014            Manager

                          Dr. Bernhard Ohnesorge

                          D 07745 Jena

 

 

BUSINESS ACTIVITIES

 

Sectors

·         26700   Manufacturer of optical instruments and photographic equipment

·         62019   Other software development activities

·         9609    Other service activities n. e. c.

 

 

BRANCHES AND FACTORIES

 

 Works:

                      Carl Zeiss Microscopy GmbH

                      Carl-Zeiss-Str. 22

                      D 73447 Oberkochen

                      TEL.: 07364/209869

                      FAX.: 07364/204851

 Branch:

                      Carl Zeiss Microscopy GmbH

                      Königsallee 9-21

                      D 37081 Göttingen

                      TEL.: 0551/50600

 Branch:

                      Carl Zeiss Microscopy GmbH

                      Kistlerhofstr. 75

                      D 81379 München

 

 

PARTICIPATIONS

 

Shareholder:

                      MAZeT GmbH

                      Göschwitzer Str. 32

                      D 07745 Jena

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             86,050.00

                      Share:             EUR             19,400.00

                      Reg. data:  11.02.2003

                                  Local court 07745 Jena

                                  HRB 209557

 Shareholder:

                      PhotonicNet GmbH

                      Hollerithallee 6

                      D 30419 Hannover

                      Legal form: Private limited company

                      Company Status: active

                      Share capital:     EUR             30,000.00

                      Share:             EUR              2,500.00

                      Reg. data:  01.03.2001

                                  Local court 30175 Hannover

                                  HRB 59301

 

 

FINANCIAL INFORMATION

 

Payment experience:     within agreed terms

Negative information:    We have no negative information at hand.

 

 

REAL ESTATE

 

Type of ownership:        Tenant

Address                        Carl-Zeiss-Promenade 10

                                    D 07745 Jena

 

Land register documents were not available.

 

 

BANKERS

 

COMMERZBANK, 37005 GÖTTINGEN, NIEDERSACHS

Sort. code: 26040030

BIC: COBADEFF260

 

COMMERZBANK, 89502 HEIDENHEIM AN DER BRENZ

Sort. code: 63240016

BIC: COBADEFF632

 

DEUTSCHE BANK, 07703 JENA

Sort. code: 82070000

BIC: DEUTDE8EXXX

 

DEUTSCHE BANK PRIVAT UND GESCHÄFTSKUNDEN, 89502 HEIDENHEIM AN DER  BRENZ

Sort. code: 61370024

BIC: DEUTDEDB613

 

FINANCIAL FIGURES

 

 Financial year:      01.01. - 31.12.

 Share capital:                          EUR            400,000.00

 Employees:                                                  1,400

 

 

Control and profit transfer agreement to:

Carl Zeiss AG

Carl-Zeiss-Str. 22

D 73447 Oberkochen

 

The company exercises the option not to publish its balance and is included in the consolidated annual financial statement of Carl Zeiss AG, Oberkochen.

 

 

Basic data of the group 30.09.2012 in EUR                           

 Turnover:                 4.163.000.000,-                       

 Result of the group:        250.318.000,-                       

 Trade and accounts                                                     

 receivables:                777.224.000,-                       

 Trade and accounts                                               

 liabilities:                237.719.000,-                        

 Staff:                           24.326                          


FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.60.34

UK Pound

1

Rs.101.45

Euro

1

Rs.83.31

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

Report Prepared by :

MNL

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

Credit not recommended

--

NB

                                       New Business

--

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                  Payment record (10%)

Credit history (10%)                   Market trend (10%)                                Operational size (10%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.